MANAGER
INVESTIGATION DEPARTMENT
IVD/ID8/BM/SS/MCL/103141/07
September 05, 2007
Millennium Cybertech Limited
15, Ramvihar, 1st Floor
Rokadia Lane, Borivali (W)
Mumbai 400 093
Dear Sir,
Sub: Personal hearing in the matter of Millennium Cybertech Limited (MCL)
Please refer to our show cause notice dated June 29, 2007 with regard to the SEBI investigation in matter of Millennium Cybertech Limited (MCL).
In this connection, it is informed that personal hearing has been granted to you by the Whole Time Member (Shri. V K Chopra), SEBI. The personal hearing is scheduled on September 26, 2007 at 11:00 am before WTM (Shri V. K. Chopra) at the venue stated below-
Securities and Exchange Board of India
SEBI Bhavan, Plot No.C4-A,
G- Block, Bandra Kurla Complex,
Bandra (East)
Mumbai - 400 051
You may note that this opportunity is given to you to adduce all evidences and clarifications in support of your contentions, if any for the charges leveled against you in the said case. If you do not appear before WTM on the said date of hearing, it will be presumed that you have nothing further to state and SEBI may proceed further in this matter and pass order as it deems fit based on the material available on record. You are also advised to submit your reply to the show cause notice before the scheduled date of hearing.
Further, it is informed that vide circular no. EFD/ED/Cir-1/2007 dated April 20, 2007 (available at www.sebi.gov.in), SEBI has come out with guidelines for passing of consent orders. If you wish to avail the consent process, you may apply in the prescribed form given in the said Circular. Your application should be forwarded to the address mentioned in the said Circular under intimation to the undersigned.
Please confirm your attendance by September 14, 2007.
Yours faithfully,
SAHAB SINGH